The 10,000 sq ft facility, part funded by Let’s Grow via the Government’s Regional Growth Fund, speeds up the production of bio-pharamaceuticals and has been branded a “vote of confidence” in the area, by Tees Valley Mayor Ben Houchen.

Lord Prior said: “Fujifilm’s investment in a new facility on Teesside demonstrates the strength of the UK’s life sciences sector and brings more highly-skilled jobs to the region.

“The UK has a very strong science and innovation base and through our Industrial Strategy we are ensuring we continue to be at the forefront of pioneering research and the destination of choice for inward investment.”

Ben Houchen takes a tour of the plant (Image: Evening Gazette)

Mr Houchen added: “Fujifilm Diosynth Biotechnologies’ decision to invest in its Saturn laboratory at Wilton not only represents a significant economic and employment boost for our area, but a vote of confidence in Tees Valley as a place to do business, and to research, develop and manufacture cutting edge biotechnology products.

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“The high quality roles created by this investment show we have the skills and talent to attract and retain blue-chip global employers. Our ability to bring in inward investment of this kind is critical for our future economic growth and the prosperity of families across our region.”

Mr Daisuke Matsunaga, Consul General of Japan in the UK, also addressed the audience during the event.